Public debt, money supply, and inflation : a cross-country study and its applications to Jamaica /

This paper provides comprehensive empirical evidence that supports the predictions of Sargent and Wallace's (1981) "unpleasant monetarist arithmetic" that an increase in public debt is typically inflationary in countries with large public debt. Drawing on an extensive panel dataset, w...

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Détails bibliographiques
Cote:Libro Electrónico
Auteurs principaux: Kwon, Goohoon (Auteur), McFarlane, Lavern (Auteur), Robinson, Wayne (Wayne Anthony), 1972- (Auteur)
Collectivité auteur: International Monetary Fund. Western Hemisphere Department
Format: Électronique eBook
Langue:Inglés
Publié: [Washington D.C.] : International Monetary Fund, Western Hemisphere Dept., 2006.
Collection:IMF working paper ; WP/06/121.
Sujets:
Debts, Public > Jamaica > Econometric models.
Money supply > Jamaica > Econometric models.
Inflation (Finance) > Jamaica > Econometric models.
Dettes publiques > Jamaïque > Modèles économétriques.
Inflation > Jamaïque > Modèles économétriques.
Debts, Public > Econometric models
Inflation (Finance) > Econometric models
Money supply > Econometric models
Jamaica
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